In: Statistics and Probability
Now, assuming your best CER was Y = 0.100*X^1.251, develop a cost estimate for the theoretical first unit cost (Tl) of the new NPS-3011 missile. The design parameters are given below: Length: 5.35 m Diameter: 380 mm Launch wt: 1380 kgs What is your estimate for T1? What is the standard deviation of your estimate of T1?